Unit ID: U1018164
6% Rental Yield
Nong Hoi, Mueang Chiang Mai,Chiang Mai
$48,100 Great Price
1 Bedroom
1
Bathroom
495 Sqft
Size
14
Floor
Aug 2012
Completed

About This Condo

This property is a 495 Sqft condo with 1 bedroom and 1 bathroom that is available for sale. It is part of the Chiang Mai Riverside Condominium project in Nong Hoi, Chiang Mai and was completed in Aug 2012. You can buy this condo for a base price of $48,100 ($97/Sqft).

Features

BalconyBalcony MicrowaveMicrowave

Basic Information

Date Listed Aug 2, 2021
Updated 2 years ago
Property Type Condo
Floor 14
Bedroom 1
Size 495 Sqft
Price per Sqft $97
Pets Not Allowed
Condo Ownership

Foreign nationals can be freehold owners of condominium units, in buildings where not more than 49% of the unit floor space is owned by foreigners. Units that are part of the Thai quota or are being leased for 30 years can be converted to the foreign freehold quota if that is currently below 49%.

Thai Quota
Furniture
A fully-furnished property is one which is equipped with all required items of a household. From sofa to table lamp, from bed to a dresser and even electronic appliances, utensils and glassware in the kitchen – a fully-furnished property has everything required in your day-to-day life.
Fully Furnished
View(s) Unblocked Open View
Unit Type 1 Bedroom
Building N/A
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$19/mo
Listed By
Each listing provided by partnered agents is individually verified by AsiaVillas. Partner Agents work for different brokerages or property management companies but have teamed up with AsiaVillas so that we can provide you a wider choice of properties
Agent / Partner
Electricity Price N/A
Water Price N/A
Unit ID U1018164

Price Analysis

Great Price
Estimated market value $51,200
Great
$52,215
Good
Fair
Above
$64,150
Current asking Price: $48,100 | Rental estimate: $251/mo
This condo is $3,100 BELOW MARKET (-6%) in the Chiang Mai area. It is analyzed against similar condos and is based on previous transaction data, the current market situation, neighborhood details, and the specific details of this property.
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Investment Opportunity: Charges & Yield

Sale Price
$48,100
CAM Fee
The common area maintenance (CAM) fee has to be paid monthly by owners for the upkeep of the common areas of condominium and housing projects. For new build projects, it is common to pay between 1 - 3 years’ management fees in advance upon the transfer of the unit’s ownership.
$19/mo
Price-to-Rent Ratio
The price-to-rent ratio is calculated at the individual home level, where the sales price is divided by 12 times its monthly rent price.
16
Rental Yield
This is the gross rental yield based on the estimated rental rate. To calculate this figure we use the average monthly rent rates (for 1-year contracts) from other 1 bedroom condos at Chiang Mai Riverside Condominium, and the current sales price.
6%

Project Details

Developer: Vorrawut Group
Construction: Completed (Aug 2012)
Floors: 18
Buildings: 1
Units: 500
Project Area: 73,195 Sqft
Nearest Landmark Wiang Kum Kam - 2.1 Km
Location: Nong Hoi, Chiang Mai
Chiang Mai Riverside Condominium Project Details

Project Features

Communal Pool Communal Pool
24H Security 24H Security
CCTV (Video Surveillance) CCTV (Video Surveillance)
Car Parking Car Parking
Key card access Key card access

Popular Facilities at Chiang Mai Riverside Condominium

  • Reception / Lobby Area
    Ground Floor
  • Communal Pool
    3rd Floor

Available Units at Chiang Mai Riverside Condominium

For Sale 22 For Rent 8
Updated 1 month ago
Available Units at Chiang Mai Riverside Condominium
$74,300
$108/Sqft
Beds 1 Beds
Baths 1 Baths
Size 689 Sqft Size
Floor 9 Floor
Foreign Quota Fully Furnished Mountain View
Available Units at Chiang Mai Riverside Condominium
$65,700
$97/Sqft
Beds 1 Beds
Baths 1 Baths
Size 678 Sqft Size
Floor Ground Floor Floor
Available Units at Chiang Mai Riverside Condominium
$41,000
$85/Sqft
Beds Studio Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 3 Floor
Foreign Quota Fully Furnished City View
Available Units at Chiang Mai Riverside Condominium
$37,100
$75/Sqft
Beds Studio Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 5 Floor
Thai Quota City View
Available Units at Chiang Mai Riverside Condominium
$160,000
$102/Sqft
Beds 2 Beds
Baths 2 Baths
Size 1,572 Sqft Size
Floor 7 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$46,500
$94/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 16 Floor
Thai Quota Skyline View
Available Units at Chiang Mai Riverside Condominium
$124,000
$125/Sqft
Beds 1 Beds
Baths 1 Baths
Size 990 Sqft Size
Floor 7 Floor
Foreign Quota Fully Furnished City View
Available Units at Chiang Mai Riverside Condominium
$50,900
$105/Sqft
Beds 1 Beds
Baths 1 Baths
Size 484 Sqft Size
Floor 19 Floor
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 15 Floor
Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
$96,300
$113/Sqft
Great Price
Beds 2 Beds
Baths 2 Baths
Size 850 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 18 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 17 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
$43,700
$86/Sqft
Beds Studio Beds
Baths 1 Baths
Size 506 Sqft Size
Floor 13 Floor
Thai Quota Mountain View
Available Units at Chiang Mai Riverside Condominium
$46,500
$94/Sqft
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished City View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 12 Floor
Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 6 Floor
Thai Quota Partly Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 14 Floor
Thai Quota Fully Furnished Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
$55,000
$111/Sqft
Beds Studio Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 18 Floor
Thai Quota Mountain View
Available Units at Chiang Mai Riverside Condominium
$59,100
$119/Sqft
Great Price
Beds 1 Beds
Baths 1 Baths
Size 495 Sqft Size
Thai Quota Unblocked Open View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 8 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$48,100
$97/Sqft
Great Price
Beds Studio Beds
Baths 1 Baths
Size 495 Sqft Size
Floor 6 Floor
Thai Quota Fully Furnished River or Canal View
Available Units at Chiang Mai Riverside Condominium
$116,000
$136/Sqft
Beds 2 Beds
Baths 2 Baths
Size 850 Sqft Size
Floor 15 Floor
Thai Quota Fully Furnished Unblocked Open View
Get notified when new homes are being added to Chiang Mai Riverside Condominium
View All (22)

Loan Calculator

Frequently Asked Questions

No pets are allowed at Chiang Mai Riverside Condominium unless specifically permitted by the juristic office. Exceptions can be made for service or guide dogs for persons with disabilities.
The common area maintenance fee is $0 per square meter based on the size of indoor area of the property and is $19 for this condo. This fee has to be paid by owners for the upkeep of the common areas of the project. For new residential developments, it is common to pay up to 1-3 years’ common area maintenance fees in advance upon the transfer of the properties' ownership.
Wiang Kum Kam is the nearest Tourist Attraction from Chiang Mai Riverside Condominium and it is 2.1 km away.

Foreigners can own a condominium Freehold in their own name. Condominium ownership is best explained by looking at an example of a project that has 100 units for sale.

In this example, 49 of the total units in this building (or 49% of the total salable area) can be owned outright by non-thai nationals in their name.  The ownership titles of these 49 units is referred to as Freehold or Foreign Quota. 

This leaves 51 units remaining in the building (or 51% of the total salable). The freehold rights to these units are reserved for Thai nationals in what is commonly referred to as the Thai quota.

 

Read more here

After you have found the right property at Chiang Mai Riverside Condominium you have to follow these steps:

  • - Agreement of terms and conditions
  • - Reservation Agreement
  • - Reservation Deposit
  • - Sales and Purchase Agreement
  • - Settlement & Transfer

 


Read more here

Thailand has different visas like Spousal Visa, Retirement Visa, Student Visa and Elite Visa - just to name a few options. Each visa has different requirements but they are usually easy to obtain.

Read more here

Sale Price : ฿5,759,000
FazWaz Estimate : ฿5,550,000
Price Rating : Great Price
Sale Price : ฿12,140,999
FazWaz Estimate : ฿11,990,999
Price Rating : Great Price
Sale Price : ฿1299,999
FazWaz Estimate : ฿179,999
Price Rating : Overpriced
Sale Price : ฿159,999
FazWaz Estimate : ฿149,999
Price Rating : Fair Price

Do you own a property at Chiang Mai Riverside Condominium?

Find out how much your property is worth and start your listing for free.

Reviews

4 out of 5
Based on
1 Review
Maintenance
Staff / Security
Facilities on Site
Quality of Finishing
Value for Money
Location
+ Write a review
Another quality condo project in Chiang Mai
Latina G., Thailand, 5 years ago
It's a great condo and worth the price. I enjoyed my stay here. I'm impressed with the project's design. It is livable. The room is very spacious. There is enough space to use and well-organized areas. Moreover, the furniture is luxurious and durable. There are many fantastic facilities, such as a gym, a pool, etc. This place is also close to amenities. Super convenient! The neighbors are friendly. The staff is excellent. Overall, this place is great.
Chiang Mai
Nong Hoi

Neighborhood Overview

Location and Neighborhood

Street View

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Year Built
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